DCB Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for DCB Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500072005
Bank	Development Credit Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	A.S.Rao Nagar (051)
Contact	040-27141501
Bank Details	Development Credit Bank Ltd A.S.Rao Nagar (051) DCBL0000051

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode
Country	IN
Address	Sree amulya estates, kushaiguda, a s rao nagar, capra, hyderabad -62

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 500072005 for A.S.Rao Nagar (051) branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 500072005 of Development Credit Bank, A.S.Rao Nagar (051) branch makes the system almost error free and faster. Use of Development Credit Bank MICR codes for A.S.Rao Nagar (051) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Development Credit Bank Ltd are available with micr code -

>>A.S.Rao Nagar (051) >>Gaddiannaramm (076) >>Habsiguda (050) >>Hyderabad (027) >>S.R.Nagar (072)

MICR code for DCB A.S.Rao Nagar (051)

DCB MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Development Credit Bank MICR code for A.S.Rao Nagar (051) is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 500072005 is the MICR code of DCB for A.S.Rao Nagar (051) branch. MICR code for A.S.Rao Nagar (051) branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Development Credit Bank A.S.Rao Nagar (051) is presented in the table alongside.

Use of Development Credit Bank MICR code for A.S.Rao Nagar (051) branch in hyderabad

The MICR code 500072005 is used in RBI cheque clearing process to identify the branch A.S.Rao Nagar (051) and Development Credit Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of DCB is typically in either of these two font’s: E-138 and CMC-7.

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